The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 55,000 shares were originally issued and 4,400 were subsequently reacquired. What is the number of shares outstanding? a. 59,400 b. 50,600 c. 55,000 d. 4,400 Nexis Corp. issues 1,870 shares of $12 par value common stock at $18 per share. When the transaction is journalized, credit(s) are made to a. Common Stock for $11,220 and Retained Earnings for $22,440 b. Common Stock for $22,440 and Paid-In Capital in Excess of Stated Value for $11,220 c. Common Stock for $22,440 and Paid-In Capital in Excess of Par-Common Stock for $11,220 d. Common Stock for $33,660 On April 1, 8,000 shares of $8 par common stock were issued at $23, and on April 7, 5,000 shares of $80 par preferred stock were issued at $105. Journalize the entries for April 1 and 7. If an amount box does not require an entry, leave it blank. A company had stock outstanding as follows during each of its first 3 years of operations: 2,000 shares of 7%,$100 par, cumulative preferred stock and 55,000 shares of $10 par common stock. The amounts distributed as dividends are presented in the following schedule. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. If necessary, round dividends per share to the nearest cent. If your answer is zero, please enter "0